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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: 8bits who wrote (8878)2/14/2003 11:17:48 AM
From: MSIRespond to of 306849
 
And they loved it!
They were drunk with power (some, anyway). I remember hearing aggressive Japanese businessmen talking about "buying" California. It seemed unlimited. Just reduce interest rates to zip, inflate magic money into the rest of the world, and buy Rockefeller Ctr and Pebble Beach, no problem...

I remember reading that one time the land under the imperial palace was worth more than the entire state of California. That's a serious disconnect.